Vitria is pioneering a new category of software platform for real-time eBusiness. BusinessWare, the product suite, combines business process automation and analysis, application integration and Internet-based communications in one comprehensive platform. BusinessWare is designed to provide business managers with an infrastructure that gives them end-to-end visibility and control of their business operations, enabling them to reduce time to market, rapidly respond to change, and manage the growing complexity of business interactions across the extended enterprise.
Customers such as Level 3 Communications (30% of sales), KPMG (12%), Fujitsu, and Sprint use BusinessWare to track orders across the Web, automate the fulfillment process, and e-mail their customers status reports on service requests.
Competitors include Tibco Software and New Era.
Proposed offer price: $10.00 to $12.00 Shares offered (mil.): 3.0 Post-offering shares (mil.): 30.3 Underwriters: Credit Suisse First Boston; Merrill Lynch & Co.; BancBoston Robertson Stephens; SoundView Technology Group, Inc. |